GeoTrust Secured

Buy Gap Insurance and Protect Your Investment With 1-2-3!

Need Help? Calling from a mobile please call 0151 647 7556
0800 195 4926
Lines open: Mon-Fri: 9am - 6pm | Sat: 10am - 4pm
Gap Insurance
Do you want to buy Gap Insurance?

Do you need assistance to understand how Gap cover could work for you? Are looking for the best Gap Insurance quote?
It's as easy as 1-2-3! Click for a quote or call on 0800 195 4926 today!
UK Based Claims & Customer Service

UK Based Claims & Customer Service

Underwritten by an

Underwritten by an "A" Rated Insurer

Protected by theFSCS

Protected by the

Upto 75% cheaper than competitors

Upto 75% cheaper than competitors

Based on 10,911 Genuine Testimonials

Based on 10,911 Genuine Testimonials

Compare how different Gap products will work

It can be difficult to understand clearly how each type of Gap Insurance can perform if your vehicle becomes a 'write off' from your insurers. We all understand that it is likely that any motor insurance payout will be substantially less than the original price you paid, the outstanding finance settlement or even the cost of replacing the vehicle. These three are all relevant to consider if you have a vehicle to replace, and you are on some form of finance agreement through your motor dealer.

The good news is that there are three different types of Gap Insurance policy that could cover each of these eventualities.

Lets consider how they work by looking at an example:

You buy a 1 year old BMW 3 series for £19,000.

You take a dealer hire purchase agreement, with a £2,000 deposit and £17,000 balance to finance over 5 years.

3 years later the vehicle is written off after being in an accident.

Your motor insurer pays the market value, which is now £7,000

You have a finance settlement figure of £11,000

The equivalent 1 year old 3 series is now £21,000

In this example, lets consider exactly what each of the types of Gap cover will protect

  Finance Gap Insurance
Return to Invoice
Vehicle Replacement Insurance
What is covered?
Finance Shortfall Yes Yes Yes
Invoice Shortfall No Yes No
Replacement Shortfall No No Yes
Benefit Payable

Absolutely amazing. Simple, straightforward and easy to get a quote. I wish I used this provider for my last car, I would have saved over £200.
5 out of 5
Mr Stephen Mackay
Excellent - good choice of cover - great price - clear English and documents sent straight to my email address. I tried 3 quote engines or at least what I thought were quote engines and was told I'd get a call back with the quote -- it never happened. Very pleased.
5 out of 5
Mrs Tracey Collen
After researching various different outlets I chose GAP Insurance 123 as it appears to give the best value for money, just hope I never have to claim on the cover I have taken out.
5 out of 5
Mr Frank Wilson
I was nervous about finding GAP insurance for my self but when the dealer I bought my used car from wanted over £350 for GAP I looked around and got cover from gapinsurance123 for less than half the price. Great website with explanations of what the different types of GAP cover helying you to decide which is the most suitable product for you.
5 out of 5
Mr Nicholas Joel Hancock
Very simple process, terms and conditions clear and easy to understand. Saved 60% of the premium Dealer was offering. Well Recommended
5 out of 5
Mr david shuttleworth
View more...
You can pay using Visa Credit, Visa Debit Visa Electron, Mastercard or PayPal